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Am i pricing myself out of the market?

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Old 06-15-2007, 08:19 AM
  #21
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Sunsations are a good value boat. You will not re-coup your money.
So don't waste it UNLESS you want to do it w/o any expectations of a return.
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Old 06-15-2007, 08:29 AM
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Quote:
Originally Posted by Griff View Post
You will be luck to get back 20% of the money you invest on resale. What you will have is a very nice boat that is worth way more to you than anyone else.

Its like owning a 500k house in a 250k neighborhood.

Also,your boat was for sale for a long time as it was.
This was the best response yet.

Many of those old Apache, Cigarette, Magnum restorations are getting pennies on the dollar returns. You can "ask" any price on any brand but selling it is another thing. You should just enjoy that boat "as is" and try to put as little as possible into it.
examples:
http://www.offshoreonlyclassifieds.c...-o7855-en.html
guy has 75K in receipts from Mcmanus/ will take 25K now.

http://www.offshoreonlyclassifieds.c...o16861-en.html
awesome redo with an asking price about 10K more than Stecz's unrestored Cafe (I know it had a new dash).
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Old 06-15-2007, 08:30 AM
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Quote:
Originally Posted by excursion View Post
Sunsation does not have a "NAME" behind them yet, they are more of a lake and river boat.
They have the name, just not the history of some of the old guard. As for a lake or river boat, you couldn't be more wrong. They run like chit in smooth water.
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Old 06-15-2007, 09:02 AM
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I don't have an educated opinion on whether or not you should do the upgrades. I do however have another question that may help shed some light on the situation.

When you were looking to purchase your boat there were several members that showed you boats in the 70-80k price range. You inidicated that was out of your price range. (something I can fully understant) This boat was one of the few on the market you could afford that met your requirements. If you spend 30-40k in upgrades on this boat wouldn't you have 70-80k in it when your done?

You could have spent that much to begin with and not messed with anything other than regular maintenance and fuel.

Buck

Last edited by buck183; 06-15-2007 at 09:04 AM.
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Old 06-15-2007, 01:22 PM
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Quote:
Originally Posted by Jupiter Sunsation View Post
This was the best response yet.

Many of those old Apache, Cigarette, Magnum restorations are getting pennies on the dollar returns. You can "ask" any price on any brand but selling it is another thing. You should just enjoy that boat "as is" and try to put as little as possible into it.
examples:
http://www.offshoreonlyclassifieds.c...-o7855-en.html
guy has 75K in receipts from Mcmanus/ will take 25K now.

http://www.offshoreonlyclassifieds.c...o16861-en.html
awesome redo with an asking price about 10K more than Stecz's unrestored Cafe (I know it had a new dash).
I'm glad you pointed out that it doesn't matter what name brand a boat it is, if you dump tons of money in it, be prepared to keep it, or take a BIG hit when you try to sell.
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Old 06-15-2007, 01:23 PM
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Quote:
Originally Posted by buck183 View Post
I don't have an educated opinion on whether or not you should do the upgrades. I do however have another question that may help shed some light on the situation.

When you were looking to purchase your boat there were several members that showed you boats in the 70-80k price range. You inidicated that was out of your price range. (something I can fully understant) This boat was one of the few on the market you could afford that met your requirements. If you spend 30-40k in upgrades on this boat wouldn't you have 70-80k in it when your done?

You could have spent that much to begin with and not messed with anything other than regular maintenance and fuel.

Buck
Buck, common sense has no place in the thread!
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Old 06-15-2007, 02:40 PM
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well, the whole deal was to buy a cheaper boat and pay it off in a couple of years and then refinance it to purchase motors and upgrades..that make sense? Ill probably just do some minor stuff to it to make it what i want and then just buy something after i pay it off (or down) and sell it to the next budget buyer..
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Old 06-15-2007, 04:22 PM
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Quote:
Originally Posted by waterboy222 View Post
well, the whole deal was to buy a cheaper boat and pay it off in a couple of years and then refinance it to purchase motors and upgrades..that make sense? Ill probably just do some minor stuff to it to make it what i want and then just buy something after i pay it off (or down) and sell it to the next budget buyer..
Gotcha! I'm gonna go back in my hole and hide now.

Buck
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Old 06-15-2007, 04:33 PM
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Quote:
Originally Posted by mlitefan2 View Post
They have the name, just not the history of some of the old guard. As for a lake or river boat, you couldn't be more wrong. They run like chit in smooth water.
That was what I was trying too say, HISTORY is a better word for it, sorry, And the only reason I said river&Lake was that is where I mainly see them around here. Have only riden in a 32 and it was a very nice ride.
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Old 06-15-2007, 04:42 PM
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Quote:
Originally Posted by Jupiter Sunsation View Post
This was the best response yet.

Many of those old Apache, Cigarette, Magnum restorations are getting pennies on the dollar returns. You can "ask" any price on any brand but selling it is another thing. You should just enjoy that boat "as is" and try to put as little as possible into it.
examples:
http://www.offshoreonlyclassifieds.c...-o7855-en.html
guy has 75K in receipts from Mcmanus/ will take 25K now.

http://www.offshoreonlyclassifieds.c...o16861-en.html
awesome redo with an asking price about 10K more than Stecz's unrestored Cafe (I know it had a new dash).
One more:
http://www.offshoreonlyclassifieds.c...o17007-en.html
Big money into it, 59K asking price.
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